Cross-shareholdings held to maintain business relationships and facilitate financing
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
79 other companies' latest entry also says "Other".
- FY2026Increase in strategic shareholdings and review of rationaleAnnual report
「Shares other than unlisted shares 17 2,552,321” Each year, the Board of Directors examines the rationale for holding each issue and decides whether to continue holding or dispose of it in accordance with the review method described above.」
The carrying amount of listed cross-shareholdings increased from ¥2,154.572 million in the previous fiscal year to ¥2,552.321 million. The Company discloses the Board of Directors' review of the rationale for each issue and its decisions on continued holding or disposal. - FY2025Increase in strategic shareholdings and review of rationaleAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
Cross-shareholdings comprised 4 unlisted issues with a carrying amount of ¥14.581 million and 17 listed issues with a carrying amount of ¥2,154.572 million. The carrying amount of listed shares increased from ¥2,020.549 million in the previous fiscal year, and 2 issues were acquired through employee stock ownership plans of business partners and other arrangements. - FY2024Increase in strategic shareholdings and review of rationaleAnnual report
「Shares other than unlisted shares 17 2,020,549」
There were 17 listed issues, with a balance-sheet carrying amount of ¥2,020.549 million. Each year, the Board of Directors examines the rationale for holding each issue and decides whether to continue holding or dispose of it. - FY2023Increase in strategic shareholdings and review of rationaleAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
Cross-shareholdings comprised 4 unlisted issues with a carrying amount of ¥14.581 million and 18 listed issues with a carrying amount of ¥1,571.370 million. The carrying amount of listed shares increased from ¥1,415.696 million in the previous fiscal year. The Board of Directors continues to review whether to retain or dispose of the holdings. - FY2022Increase in strategic shareholdings and review of rationaleAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
Of the cross-shareholdings, listed shares comprised 18 issues with a carrying amount of ¥1,415.696 million, up from ¥1,343.313 million in the previous fiscal year. In the review as of 31 March 2022, the Company confirmed that the holdings contributed to maintaining and strengthening business relationships. - FY2021Increase in cross-shareholdings and reviewAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
There were 20 cross-shareholdings, with a balance-sheet carrying amount of ¥1,343.313 million, up from ¥934.198 million in the previous fiscal year. The Board of Directors continues to review each year whether to retain or dispose of these holdings. - FY2020Decrease in strategic shareholdings and reviewAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
There were 20 cross-shareholdings, with a balance-sheet carrying amount of ¥934.198 million, down further from ¥1,230.363 million in the previous fiscal year. The Board of Directors continues to review each year whether to retain or dispose of these holdings. - FY2019Decrease in strategic shareholdings and reviewAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
Strategic shareholdings comprised 20 issues with a balance-sheet carrying amount of ¥1,230,363 thousand, down from ¥1,872,930 thousand in the previous fiscal year. Each year, the Board of Directors reviews whether to continue holding or dispose of the shares. - FY2018First statedAnnual report
「20 issues ¥1,872,930 thousand」
For investment securities held for purposes other than pure investment, the Company disclosed 20 issues with a balance-sheet carrying amount of ¥1,872 million. The stated purposes include facilitating business activities, maintaining business relationships and stabilizing funding.